Federal Bank
Federal Bank RuPay Signet Credit Card
Annual Fee
FREE
Base Reward
1% points
Foreign Markup
3.5%
Welcome Benefits
Amazon Pay Vouchers Worth ₹200
Product Highlights
- Lifetime free credit card
- Amazon e-voucher worth ₹200 as a welcome gift
- Up to 3 Reward Points on everyday spending
- Buy 1 Get 1 Free offer on movie tickets
- Complimentary domestic lounge access
Category Rewards
shopping
3 Reward Points on Electronics and Apparel
3 Reward Points on Electronics and Apparel
entertainment
2 Reward Points on Entertainment Categories
2 Reward Points on Entertainment Categories
other
1 Reward Point on Other Categories
1 Reward Point on Other Categories
Merchant-Specific Rewards
1 pt ≈ ₹0.25–₹0.50
Amazon
online
Rewards Details
Earn 3 Reward Points on every spend of ₹200 on Electronics and Apparel, 2 Reward Points on every spend of ₹200 on Entertainment Categories, and 1 Reward Point on every spend of ₹200 on Other Categories.
- 1 Reward Point = ₹0.25 & When Redeeming Against Statement
- 1 RP = ₹0.10
Benefits & Features
Domestic: 4 complimentary visits annually (Limited to one every calendar quarter) Complimentary domestic lounge access with four visits per year.
Pros & Cons
Pros
- Currently being offered as a lifetime free credit card
- Available on Visa as well as RuPay networks
- Users can link the RuPay variant of the credit card to UPI
Cons
- There is no complimentary international airport lounge access with the card
- The card does not offer any lifestyle perks other than BOGO movie offers
- The card does not have an extraordinary reward rate, there are better reward rates with other lifetime free credit cards.
Additional Info
Maximum benefit through the fuel surcharge waiver is capped at ₹150 per month.
Excluded Categories
Partner Merchants
Fees & Charges
Eligibility
Networks